Exxon & Qatar Petroleum Looking for Assets in Mozambique?
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:00AM CDT
ExxonMobil Corporation (XOM) and Qatar Petroleum have joined forces to search for energy assets in Mozambique, per sources familiar with the matter.
E: 32.57 (-0.30), XOM: 94.26 (-0.69), APC: 55.99 (-1.43), STO: 17.41 (-0.25)
European offshore wind developers join forces with the Carbon Trust to slash costs of offshore wind
BusinessWire - Mon Jul 11, 3:12AM CDT
The Carbon Trust today revealed details of a new European phase of its world-leading collaborative research, development and demonstration (RD&D) programme - the Offshore Wind Accelerator (OWA). The programme is designed to impact the levelised cost of energy (LCoE) from offshore wind by reducing costs, improving efficiency and availability of existing and future offshore wind farms.
STO: 17.41 (-0.25)
Statoil Sells Edvard Greig Stake to Increase Share in Lundin
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 8:45AM CDT
Statoil ASA (STO) and Lundin Petroleum have concluded their earlier announced transaction, whereby the former has farmed out its entire stake of 15% in the Edvard Greig field in exchange of an increased shareholding in Lundin Petroleum.
SOL: 1.21 (-0.04), BAK: 11.44 (+0.19), FF: 11.45 (unch), STO: 17.41 (-0.25)
Upgrade Alert for StatoilHydro (STO)
Comtex SmarTrend(R) - Thu Jul 07, 3:16AM CDT
StatoilHydro (NYSE:STO) was upgraded from Hold to Buy at Societe Generale today. The stock closed yesterday at $17.13 on volume of 3.8 million shares, above average daily volume of 2.8 million. StatoilHydro ASA explores for, produces, transports, refines, and trades oil and natural gas. The Company explores for oil in Europe, Africa, the Middle East, Asia, and the Americas.
STO: 17.41 (-0.25)
Statoil Suspends Semi-Submersible Contract with Fred Olsen
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 9:50AM CDT
Statoil ASA (STO) announced its decision to suspend the contract for semi-submersible Bideford Dolphin with Fred Olsen Energy.
SOL: 1.21 (-0.04), BWP: 17.11 (-0.50), FF: 11.45 (unch), STO: 17.41 (-0.25)
Technip's 10 Top-Valued Projects Show Strong Role in Onshore, Offshore, LNG Markets, an Industrial Info News Alert
Marketwired - Tue Jun 28, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 28, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Technip S.A. (Paris, France), a leading engineering, project management and construction company for the global energy market, is doing strong business amid the downturn in oil prices. The company reported a total backlog of roughly 15 billion euros at the end of the previous quarter -- down from last year, but spread across onshore and offshore projects, as well as technology, consulting and equipment work. Industrial Info's project database is tracking 273 projects, worth $145.35 billion, that involve Technip in some capacity; about 93% of the total investment value is attributed to just three industries: Oil & Gas Production, Petroleum Refining, and Chemical Processing.
ETP: 38.15 (-0.53), SSL: 27.21 (-0.55), TOT: 48.41 (-0.21), STO: 17.41 (-0.25)
Statoil's Strong NCS Presence, New Projects to Boost Growth
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:22AM CDT
On Jun 23, 2016, we issued an updated research report on Norway-based Statoil ASA (STO).
SOL: 1.21 (-0.04), BWP: 17.11 (-0.50), FF: 11.45 (unch), STO: 17.41 (-0.25)
Brexit: How Does It Affect Energy? Here Are a Few Answers
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 24, 12:45PM CDT
Brexit jitters hit oil, but investors need not panic.
RDS.A: 55.17 (-0.64), TOT: 48.41 (-0.21), APA: 56.48 (-1.06), BP: 36.42 (-0.49), STO: 17.41 (-0.25)
ABB Prospects Bright despite Macro Woes: Should You Hold?
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:15AM CDT
Power and automation technology provider ABB Ltd. (ABB) has emerged as the dark horse in the equipment and technology space, as per Industrial Info Resources -- a leading provider of global market intelligence.
ABB: 19.60 (+0.07), TOT: 48.41 (-0.21), FLOW: 27.29 (+0.04), STO: 17.41 (-0.25)
Statoil ASA: Completion of share capital increase in connection with the Dividend Issue for fourth quarter 2015
GlobeNewswire - Thu Jun 23, 6:06AM CDT
Reference is made to the previous announcements by Statoil ASA (the "Company", OSE:STL, NYSE:STO) regarding the Dividend Issue for fourth quarter 2015.
STO: 17.41 (-0.25)
Statoil ASA: Allocation of Dividend Shares to primary insiders
GlobeNewswire - Thu Jun 23, 1:07AM CDT
Reference is made to the announcement by Statoil ASA (the "Company", OSE:STL, NYSE:STO) on 23 May 2016 regarding the participation by the primary insiders in the Dividend Issue for the fourth quarter 2015.
STO: 17.41 (-0.25)
Statoil ASA: Result of the Dividend Issue for the fourth quarter 2015
Globe Newswire - Thu Jun 23, 12:56AM CDT
Reference is made to the previous announcements by Statoil ASA (the "Company", OSE:STL, NYSE:STO) regarding the Dividend Issue for the fourth quarter 2015.
STO: 17.41 (-0.25)
Songa Offshore SE : Songa Delta suspended
Globe Newswire - Tue Jun 21, 1:30AM CDT
Statoil will suspend the Songa Delta contract after the current well, Slemmestad, in the North Sea. From end June, 2016, the rig will go on 75% suspension rate (USD 277.000 per day). The expected resumption of the work with Statoil is indicated to be mid August 2016.
STO: 17.41 (-0.25)
Why Investors Love These Basic Materials' Stocks? - Royal Dutch Shell, Statoil, Agrium, and SunCoke Energy
PR Newswire - Mon Jun 20, 6:45AM CDT
The Basic Materials industry is slowly and steadily bouncing back after having hit rough waters the previous year. Several companies are starting to catch attention, and today's pre-market research on Stock-Callers.com is focused on four interesting trades: Royal Dutch Shell PLC (NYSE: RDS-A), Statoil ASA (NYSE: STO), Agrium Inc. (NYSE: AGU), and SunCoke Energy Inc. (NYSE: SXC). Learn more about these stocks and access their free alerts by clicking below:
AGU: 92.03 (+0.77), SXC: 6.97 (-0.09), STO: 17.41 (-0.25)
Statoil ASA: Statoil's share saving plan allocates shares
GlobeNewswire - Fri Jun 17, 5:47AM CDT
The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 June 2016 for use in the group's Share Saving Plan have on 17 June 2016 been distributed to the employees in accordance with their savings amount.
STO: 17.41 (-0.25)
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Eni SpA, Statoil and TOTAL
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Eni SpA, Statoil and TOTAL
E: 32.57 (-0.30), RDS.A: 55.17 (-0.64), TOT: 48.41 (-0.21), BP: 36.42 (-0.49), STO: 17.41 (-0.25)
Is Iran the World's Next Big Oil Story?
Nilanjan Choudhury - Zacks Investment Research - Wed Jun 15, 11:47AM CDT
Iran is set to emerge as the next big destination for major western oil groups.
E: 32.57 (-0.30), RDS.A: 55.17 (-0.64), TOT: 48.41 (-0.21), BP: 36.42 (-0.49), STO: 17.41 (-0.25)
Statoil's PDO of Oseberg Vestflanken 2 Approved by Authorities
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 9:02AM CDT
Statoil ASA's (STO) Plan for Development and Operation (PDO) of Oseberg Vestflanken 2 has received the permission from the Norwegian Ministry of Petroleum and Energy.
SOL: 1.21 (-0.04), PTR: 68.96 (-1.45), CVRR: 6.24 (-0.42), STO: 17.41 (-0.25)
Oil & Gas Stock Roundup: Shell Unveils New Strategy, BP to Spin Off Norway Business
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 14, 1:32PM CDT
Royal Dutch Shell (RDS.A) unveiled a strategy to reshape the company through steeper cost cuts, while BP (BP) has agreed to spin off Its local business in Norway.
RDS.A: 55.17 (-0.64), RIG: 12.54 (-0.30), WMB: 21.86 (-0.03), BP: 36.42 (-0.49), ETE: 15.97 (-0.08), SWN: 13.85 (-0.35), STO: 17.41 (-0.25)